The Pros and Cons of Early Retirement

For decades, age 65 was considered a standard time to transition to retirement.

In recent years, the idea of stepping away earlier has become appealing to some Americans

The pros of retiring early include: – Freedom from office constraints

The pros of retiring early include: – Freedom from office constraints

– Time to pursue passions. – An improvement in well-being. – The chance to choose additional work.

The cons of early retirement can be: – Years of no income.

– A potential health insurance crunch. – A loss of meaning. – Feelings of loneliness.

Talk to your family members and others who are pursuing early retirement before making a decision

You might also get in touch with your financial advisor to see if you have enough to retire early